Senior Housing
Senior/Multifamily Luxury Community Approved in Dayton
The development will provide 242 senior living and 276 multifamily units. The Grand of Sugarcreek, the retirement component, is scheduled to break ground in the third quarter of 2018.
NY Skilled Nursing Portfolio Lands $75M Financing
The 561-bed Optima Portfolio comprises three skilled nursing assets in the New York City area. The acquisition loan was funded through HUD.
RBJ Center in Texas Begins Renovation, Redevelopment
The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.
1031 Crowdfunding Buys Portland-Area Memory Care Facility
The 48-bed Rosewood Specialty Care is located across the street from Rosewood Park, another assisted living community that Frontier Management operates.
NHI Acquires Ohio Senior Housing Portfolio for $70M
Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.
On the Market: 5 Interesting Listings for the Week of 4/30
This week’s listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.
Quadrum Global Kicks Off Leasing at FL Senior Housing
The company created Quadrum Senior Living Management to oversee operations at Amavida, a 460-unit community in Fort Myers.
LGBT-Affirming Senior Housing Community Opens in San Diego
Among the first of its kind in the nation, North Park Seniors includes 76 affordable apartments and 118 market-rate units, as well as shared amenities and on-site supportive services.
Owner-Occupied Senior Cooperative Rising in Colorado Springs
Real Estate Equities Development’s Village Cooperative of Briargate includes raised gardening beds, a reading room and underground heated parking.
Waypoint Expands Senior Housing Portfolio
The firm purchased The Claiborne at Adelaide in Starkville, Miss., which offers 82 independent and assisted living units. This marks the company’s second senior housing investment.